Yep, I reckon we have the message by now guys

MPC member David Miles speaking on BBC tv

  • UK approaching a turning point on real wages
  • wages should outpace inflation as recovery grows
  • feels more optimistic about the future now than at any time in past 5 years

Let’s hope so

  • far too soon to say UK housing market is overheating
  • inflation at target will ease rate hike pace

GBPUSD still 1.6675